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Technology Stocks : Nokia (NOK) -- Ignore unavailable to you. Want to Upgrade?

To: Eric L who wrote (26504)	5/24/2004 12:03:03 AM
From: elmatador	Respond to of 34857

Beijing to take a leading role at Nokia By Christopher Brown-Humes in Stockholm Published: May 24 2004 5:00 \| Last Updated: May 24 2004 5:00 Nokia, the world's leading maker of mobile phones, is planning a big expansion of its research and development activity in China, giving Beijing a leading role in developing Nokia phones for emerging markets. The Finnish group, which is battling to regain market share in the face of a competitive onslaught from US and Asian rivals, said about 40 per cent of the phones produced by its Mobile Phones business group would be designed and developed in Beijing. Jorma Ollila, Nokia chairman and chief executive, said: "With increasing depth in China's talent base and an improving regulatory environment for R&D, we see excellent opportunities to expand our collaboration with leading domestic institutions." The Beijing centre will develop cheap phones for first-time customers in emerging markets. This gives it an important role at a time when an increasing portion of Nokia's handset sales are coming from emerging markets. Nokia employs 4,300 people in China. The company made it clear cost was one reason for the decision to increase its R&D in China, but stressed that it was not moving jobs out of Finland, its biggest R&D centre. One part of the expansion will see the establishment of a CDMA (code division multiple access) R&D facility in Beijing. It already has a CDMA R&D unit in San Diego and recently announced it was also setting one up in India. Last month Nokia warned that sales and profits were being hit by a slump in its market share caused by gaps in its product portfolio. Since the warning, its shares have fallen heavily amid a wave of analyst downgrades. They fell a further 3.5 per cent to ?10.96 on Friday having reached nearly ?19 in March - after Morgan Stanley cut its share price targets for the group, and Goldman Sachs cut its revenue and earnings target. Nokia has responded to the drop in market share by cutting prices on many models and increasing its marketing spend.

To: Eric L who wrote (26504)	5/31/2004 11:17:40 PM
From: elmatador	Read Replies (1) \| Respond to of 34857

Nokia regains market share on price cuts Monday, May 31 09:14:59 (BizWorld) businessworld.ie Mobile handset maker Nokia as seen a sharp recent rebound of its sales in Europe, in a sign that handset price cuts and new models have reversed its earlier falls, the Financial Times reports retailers as saying. In April, the world's leading handset maker cut unit prices by up to 25 pc cent following the loss of global market share to rivals such as Samsung, Sony, Ericsson and Siemens. But retailers report that Nokia's market share in Europe has been increasing noticeably in recent weeks as it has recaptured leading positions for sales with some of its models. The newspaper quoted a senior executive at Carphone Warehouse, Europe's largest mobile phone retailer, as saying Nokia has now displaced Siemens for entry-level handsets with strong demand for its 1100 model. In recent weeks, approaching 45 per cent of Carphone Warehouse sales are thought to have been Nokia phones, taking it closer to its long-term peaks. Nokia has also regained market share at the top end, according to retailers, with its colour screen 6230 model becoming a top seller and with its first mainstream "clamshell" phone, the 7200, also proving highly popular.

To: Eric L who wrote (26504)	6/7/2004 2:33:31 AM
From: elmatador	Read Replies (1) \| Respond to of 34857

Nokia losing 3G ground to Siemens The world's uncontested and virtually unassailable number one mobile phone company, Nokia Oyj, is finding it more difficult to climb to the top of the 3G networking pile. Increasingly, the pressure is not just coming from networking #1 company Ericsson, but from Siemens AG. The company has suffered a string of loses in the networking space recently, the most recent being a decision by Italian operator Wind, a unit of Enel, to source and install its base stations through German provider Siemens AG. In 2001 Nokia had made much of Wind's decision to use Nokia "as its strategic partner to ensure the network’s fast deployment and effective launch of UMTS service in Italy." UMTS is the dominant 3G platform in Europe, sold in other locations as WCDMA. It now says that it had been only a minor supplier to the Wind network and that the decision to go with Siemens for base stations was "a commercial decision by Wind, rather than a technical one." Wind has also recently announced a strategic partnership with Japan's NTT DoCoMo to provide iMode services to subscribers. In a measure of how complex the numbers game is in the 3G networking sweepstakes, the supplier of Wind's core technology is neither Finnish Nokia nor German Siemens, but Swedish firm LM Ericsson. The Wind contract was valued at more than €300 million ($590 million NZD). It is Nokia's third European loss to Siemens in recent weeks, offsetting successes in Australia/New Zealand (Vodafone) and Poland (Polkomtel S.A.). In January, Siemens announced a Poland win with carrier Polska Telefonia Cyfrowa for a turn-key 3G network. The Wind contract is the third 3G/UMTS supply agreement for Siemens in Italy and the 30th such deal for the company (with partner NEC). Nokia earlier lost Telefònica Spain and Norway's NetCom AS to Siemens after having scored deals for the early phases of network rollouts. Siemens is also on a major roll in China, where it has cooperated with the government in the development of a third major 3G platform known as TD-SCDMA. The company recently announced plans to ramp up its already extensive investments in China, to $US1.2 billion over the next few years as part of a plan to double revenue in that country. Siemens CEO Heinrich von Pierer said the company had sales of $US4.8 billion in China last year and is aiming for $US9.6 billion in the near term. 4-Jun-2004 nbr.co.nz

To: Eric L who wrote (26504)	6/8/2004 3:17:47 AM
From: elmatador	Read Replies (1) \| Respond to of 34857

Motorola beats Nokia in China and closes the gap with Nokia in smartphone market msmobiles.com June 08, 2004 [General] It is not a secret that Microsoft Smartphone - Motorola MPx200 - is one of the best selling smartphones produced by Motorola corporation, although Motorola produces also Linux and Symbian based smartphones. It is therefore interesting to learn that outlook of Motorola stock, as evaluated by CSFB is increasingly better and better: Credit Suisse First Boston raised earnings estimates for Motorola based on the assumption that Motorola will benefit greatly from the upcoming cell phone upgrades that users will be doing in months to come... Motorola's strong mid-range/high-end product portfolio is highlighted by continued dominance in the Chinese camera-phone market, with a 33.6% share in April and improving smartphone market share at 24.4%, closing the gap with Nokia by 200 basis points.